Senior Management

The Bank's management comprises of highly skilled and experienced personnel. The Bank has continued with aggressive capacity building through staff training and development programmes. The first critical success factor of the bank is about an organization culture that values people, enhances performance and supports the business. This is grounded on seven core values namely Professionalism, Integrity, Creativity, Teamwork, Unity of Purpose, Respect and Dignity for Customers and Effective Corporate Governance.

A lot of emphasis is laid on developing leadership capabilities at all levels of the organization by sponsorships to some of the world's leading programmes. These include Harvard Business School, Wharton Business School, Strathmore Business School, Bolder Microfinance Leadership Programme and Ireland Development Institute among others.

The leadership team of the Bank consists of the following persons:-

Name

JAMES MWANGI, CBS
MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER

James holds five Honorary doctorate degrees in recognition of his contributions to the Kenyan society. He holds a Bachelor of Commerce degree and is a Certified Public Accountant. James has been honoured twice with Presidential national awards; he was vested the First Class Chief of the Order of the Burning Spear (CBS) national decoration-the highest presidential award to a civilian, for outstanding contribution in economic development as well as the Moran of the Burning Spear. He was named the World Entrepreneur of the Year by Ernst & Young in 2012, the Forbes Africa Person of the Year in 2012 and is a holder of the 2007 Global Vision Award. He was also recognized as the 2015 Ai40 CEO of the year at the 8th Annual Africa Investor (Ai) CEO Investment Summit held in New York .He is currently the Chairman of Kenya’s Vision 2030 Delivery Board charged with the responsibility of ensuring Kenya becomes a middle income country with global high standards of living by the year 2030. He serves on several international bodies as an advisor. He is a Board member of the Africa Leadership Academy in South Africa, the Global Alliance for Food Security and Nutrition among others and is the Chancellor of Meru University College of Science and Technology. He has wide experience in the banking industry and inclusive finance.

Bhartesh Shah.jpg

BHARTESH SHAH
CHIEF OPERATIONS OFFICER

Bhartesh holds an MBA from the University of Warwick and a Bachelor of Science (Hons.) in Banking and Finance from Loughborough University. He has over 20 years of experience in banking industry with multiple financial institutions in various capacities and in different locations globally. Bhartesh has indepth experience in the financial services industry covering corporate finance, corporate banking, transaction banking, wealth management, bancassurance, product management and retail banking. He previously worked for Midland Bank (HSBC), UK; Standard Chartered Bank, Kenya, Botswana and Singapore; and Citibank, Africa. Bhartesh’s immediate former roles were Head of Retail Banking SCB Kenya and East Africa and Head of Digital banking, Africa and CEO of Standard Chartered Investment Services. Bhartesh joined Equity Bank in 2015. Bhartesh is married with two children.

Name

MARY WAMAE
DIRECTOR OF CORPORATE STRATEGY AND COMPANY SECRETARY

Mary holds a Master’s degree in Leading Innovation and Change from York St. John University, UK, a Bachelor of Laws degree from the University of Nairobi, Diploma in Law from the Kenya School of Law. She is a Certified Public Secretary (Kenya) and member of The Institute of Certified Public Secretaries of Kenya (ICPSK), Law Society of Kenya and the Kenya Section of International Commission of Jurists. She is a graduate of Advanced Management Programme (Strathmore - IESE Business School, Barcelona Spain). She is an Advocate of the High Court of Kenya and holds a Post Graduate Diploma in Gender and Development and has over 14 years private legal practice experience. She joined Equity in 2004.

Name

JOHN STALEY
CHIEF OFFICER – INNOVATION AND PAYMENTS

John has a Masters of Science in Applied and Computational Mathematics and a Bachelor of Science in Physics. He also holds a Bachelor of Commerce degree and is a qualified Chartered Accountant. A specialist in implementing cost effective ICT solutions, John worked as the CEO of Credit Indemnity (Pty) Ltd in South Africa before joining Equity Bank. He has been actively involved in the use of mobile phones to provide financial services since 1998.

Raphael Hukai

REUBEN MBINDU
CHIEF OFFICER, HUMAN CAPITAL AND ADMINISTRATION

Reuben holds a BSc. in Computer Science from Germany and is a full member of the Institute of Human Resource Management in Kenya. He has expertise in various fields including technology, auditing, communication and human resources having worked at senior management levels in various organizations. Reuben joined Equity Bank in 2013 from Standard Chartered, where he was the Director of Human Resources for East Africa. He has also held other senior positions within Standard Chartered including Head of Corporate Affairs - East Africa, Chairman of the Nairobi Marathon, Head of Human Resources - Tanzania and Regional Head of Human Resources Operations for Africa. While at Standard Chartered, he had the opportunity to work in different markets including United Kingdom, Hong Kong, Tanzania, Zambia and South Africa. He made a major contribution in the design and automation of global HR processes in Standard Chartered. Reuben has also worked in other sectors Including public sector (UNEP), consultancy (Deloitte) and ICT (Siemens, Germany).

Jumaane Tafawa

JAMES MUTUKU
DIRECTOR, TREASURY

James has a Bachelor of Arts in Economics and Sociology from Egerton University. He has over 19 years’ experience in the Treasury business having worked for Co-operative bank, KCB and most recently as the Head of Financial Markets for Standard Chartered Bank Uganda. Before that, James was the East Africa Head of Asset Liability Management (ALM), for Standard Chartered Bank Kenya. James brings a wealth of experience in balance sheet management and fixed income trading, having been one of the founding members of the CBK market leader’s forum. James joined Equity in 2016.

Jumaane Tafawa

ROHIT KUMAR SINGH
CHIEF OFFICER, CORPORATE AND SME BANKING

Rohit holds a MS (Finance) degree from Boston College, USA, an MBA from Cardiff Business School, UK and a Bachelor degree in Technology with Honours (Civil Engineering) from Harcourt Butler Technological Institute, India. Additionally, he is a graduate of the Strategic Leadership Program from IESE Business School, Barcelona and has completed an advanced technology program from Carnegie Mellon University, USA. Prior to joining Equity Bank in 2014, Rohit held senior management positions at Emirates NBD Bank in Dubai, BDA Partners in Mumbai, Private Capital Management in Naples (USA) and McKinsey & Company in New York. He has extensive experience in corporate banking, SME banking, investment banking, transaction banking, private equity, capital markets and investment management. In an international career spanning more than 18 years, Rohit has not only worked in developed economies of North America and Europe but also quite extensively in emerging economies of Africa, Asia and the Middle East. In May 2015, Rohit was named the “Corporate Banker of the Year” in the Think Business Banking Awards. In September 2016, the Global Finance magazine named Rohit amongst the elite list of “Who’s Who in Treasury and Cash Management”.

Name

 

BRENT MALAHAY
GROUP DIRECTOR, STRATEGIC PARTNERSHIPS, COLLABORATIONS  & INVESTOR RELATIONS.

Brent holds a Masters degree in Economics and an Honors degree in Business Finance from the University of KwaZulu Natal, South Africa. He has over 13 years’ experience in financial services having worked in commercial banking, credit ratings, investment banking and fund management. Mr. Malahay has previously worked for Standard Bank, Fitch Ratings, J.P. Morgan and Investec Asset Management. Mr. Malahay joined Equity Bank in 2016.

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ANTHONY EMEKA  OGBECHIE
GROUP FINANCE DIRECTOR

Anthony holds an MBA (Strategy and Finance) from INSEAD, France. He also holds an MSc in Management from The London School of Economics UK, BA in Business Administration and Marketing from the American Intercontinental University London (Magna Cum Laude) and is a qualified Chartered Accountant (ACA) from the Institute of Chartered Accountants in England and Wales. He has over 16 years of international financial services experience with multiple financial institutions in different locations across Europe and Africa. His experience spans across Financial Reporting, Corporate Planning, Corporate Finance, Performance Management, Strategy and Transformation. Anthony joined Equity Bank as the Finance Director in 2014 from UBA Capital Plc (Nigeria) where he served as the Group Chief Finance Officer. Prior to that he was at Credit Suisse Investment Bank (London) and UBS Investment Bank (London).

Name

GERALD WARUI
OPERATIONS AND CUSTOMER EXPERIENCE

Gerald holds an Executive Masters of Business Administration degree from Jomo Kenyatta University of Agriculture and Technology (JKUAT). He is also a Certified Public Accountant CPA (K) and a graduate of Advanced Management Program offered by Strathmore- IESE Business School, Barcelona Spain. A career banker, Gerald has vast experience in operations and customer service. Prior to his current position, he served as the Director of Human Resource and Customer Service. He has served in Equity Bank for 19 years.

Name

ELIZABETH GATHAI
DIRECTOR, CREDIT

Elizabeth holds a Master’s degree in Business Administration from the University of Nairobi, Bachelor of Commerce degree in finance, and is a Certified Public Accountant CPA (K). She is a graduate of Advanced Management Programme (Strathmore- IESE Business School, Barcelona Spain) and Management Executive Programme (Maastricht School of Management (MSM) - Netherlands). She has 16 years of banking experience. Elizabeth joined Equity Bank in 2001.

Name

ALLAN M. WAITITU
DIRECTOR, SPECIAL PROJECTS

Allan is a graduate in Business Information Technology, and a graduate of Advanced Management Programme (Strathmore- IESE Business School, Barcelona Spain). He has over 27 years’ experience in Information Technology and banking and previously served as Equity Bank’s General Manager of Operations. Allan joined Equity Bank in 2004. He is undertaking a Master in Business Administration Degree at Strathmore Business School.

Reuben Mbindu

BILDARD FWAMBA
CHIEF INTERNAL AUDITOR

Bildard holds a Bachelor of Commerce (Accounting) degree from Kenyatta University and is a Certified Public Accountant (CPA-K) and a member of ICPAK. He has over 18 years’ experience in Audit, Accounting and Finance. He joined the Group in 2004 from Central Bank of Kenya (CBK) where he served for 7 years as a Bank Examiner. He previously worked with Britam before joining CBK. At Equity Group, Bildard has served in various roles including Compliance Manager, Internal Audit Manager, Head of Internal Audit, General Manager – Finance and General Manager – Internal Audit before his current role.

Samuel Kirubi

SAMUEL KIRUBI
MANAGING DIRECTOR, EQUITY BANK UGANDA

Samuel holds a Master’s Degree in Business Administration (Finance) from Moi University and a Bachelor of Arts degree in Economics and Statistics from Egerton University. He is a graduate of Advanced Management Programme (StrathmoreIESE Business School, Barcelona Spain). Since joining Equity Bank in 2001, Samuel has gained vast experience in operations, marketing and customer service. Samuel was previously the Chief Operations Officer in Equity Bank South Sudan and most recently the Managing Director, Rwanda.

Bildad Fwamba

ANTHONY KITUUKA
EXECUTIVE DIRECTOR, EQUITY BANK UGANDA

Mr. Kituuka holds an MBA in Oil and Gas from Middlesex University, London and a Bachelor’s Degree in Statistics and Applied Economics from Makerere University, Uganda. He is a Fellow of the Association of Chartered Certified Accountants Certificate (FCCA). He has over 10 years banking experience and has previously worked with Kenya Commercial Bank (KCB) as the Head of Global Corporates and Barclays Bank Uganda Limited as Head of Business Banking. He joined Equity Bank in 2014 and was previously the Group Executive Director for Regional Subsidiaries.

Paul Gitahi

ADDIS ABABA OTHOW
EXECUTIVE DIRECTOR, EQUITY BANK SOUTH SUDAN

Addis holds a Bachelor of Science in Economics, Master’s degree in Economic Development and a PhD in political economics from Al-Neelain University, Khartoum, Sudan. He also holds Bachelor Degree in Finance and Accounting from Hanze University, Groningen, Netherlands. He has a wide range of experience in banking, accounting, finance, and information system. Prior to joining Equity Bank, Dr. Addis initially worked as a teaching assistant at Al Neelain University, Khartoum and was later appointed as a banking inspector, Central Bank of Sudan in 1997. He worked as an assistant accountant and auditor at Dubois & Co Chartered Accountants Amsterdam, The Netherlands. He has also worked as head of non-banking Division before he got transferred to be the Head of planning, regulation and licensing, central bank of south Sudan (BSS). He joined Equity Bank in February 2015.

Name

HANNINGTON NAMARA
MANAGING DIRECTOR, EQUITY BANK RWANDA

Hannington has over 15 years of experience as a Senior Private Sector Development specialist. He has extensive track record in Strategy, Leadership and Programme Management, Finance and Communications. Hannington is currently the Chief Executive Officer and Managing Director of Equity Bank Rwanda. Before joining the Bank he was the Country Director of TradeMark East Africa – Rwanda Country Programme leading a large ($65 Million) Trade Facilitation and Regional Integration Programme. Prior to joining Trademark in 2012, Hannington served as the Chief executive officer of the Rwanda Private Sector Federation, an umbrella organization that coordinates, promotes and represents the interests of the Business community in Rwanda. He worked with Commercial Bank of Rwanda (BCR) - a private commercial bank where he served the bank for over eight years in various capacities including heading the bank’s corporate banking division, marketing and business development functions. He also served as a senior officer in charge of Special Projects at the Rwanda Investment Export Promotion Agency (RIEPA-now known as Rwanda Development Board). Hannington is a graduate of Makerere University Business School with a degree in Business Administration – Finance and has received various trainings in corporate banking, credit, structured finance and hold several positions of responsibility in Boards of Parastatals and Corporates. Hannington is a Fellow of the fourth class of the Africa Leadership Initiative-East Africa and a member of the Aspen Global Leadership Network.

Joseph Iha

JOSEPH IHA
MANAGING DIRECTOR, EQUITY BANK TANZANIA

Joseph holds a Bachelor of Education in Accounting and Mathematics from the University of Nairobi and has also attended various professional courses in banking. He has over 16 years banking and leadership experience in Credit, Corporate banking and Operations. Before joining Equity Bank (Tanzania) Limited, he worked as the General Manager, Credit in Equity Bank (Uganda) Limited and General Manager, Corporate Banking Division at Equity Bank (Kenya). Joseph joined Equity Bank in 2005. He previously worked with Cooperative Bank of Kenya for six years in various capacities.

Name

CELESTIN MUKEBA MUNTUABU
MANAGING DIRECTOR, PROCREDIT BANK (DRC)

Celestin holds a Master degree in Business Administration and Management from the Protestant University in Congo. Besides his training in leadership, he also holds a degree in Banking Administration from ProCredit Academy – Germany. Prior to joining the banking sector, he worked with the International Training Center, a consulting cabinet specialized in the training of business executives in internal audit and strengthening of the systems of internal control of companies. Celestin is a Permanent Secretary and clerk trainer at the International Training Center. He was at PriceWaterHouseCoopers (PWC) in 2006. Since he joined the Bank in 2006, he has contributed in building this institution by implementing tools of internal control corresponding to the German standard (MaRisk) and by restructuring its activities after the financial crisis. He has held various top level positions in ProCredit Bank Congo including Deputy CEO (2008 – 2014).

Name

PHILIP SIGWART
EXECUTIVE DIRECTOR, PROCREDIT BANK (DRC)
 
Philip holds a Master’s degree in Economics from the University of St. Gallen (HSG) in Switzerland and a Master’s in International Management from the Community of European Management Schools. He is a specialist of MSME banking in transition and developing countries. Prior to joining Equity Group he was the Executive Chairman of ProCredit Bank in the DR Congo, CEO of ProCredit Bank Kosovo, Chairman of the Kosovo Banking Association and CEO of ProCredit Bank Georgia. He started his career as a bank adviser with the Russia Small Business Fund of the European Bank for Reconstruction and Development. Notice is hereby given that the Thirteenth Annual General Meeting (AGM) of Equity Group Holdings Limited will be held on 23rd May, 2017 at the Safari Park Hotel NAIROBI at 10.00 a.m. to transact the following business.

Name

JACK NGARE
MANAGING DIRECTOR, FINSERVE AFRICA

Jack holds an ALM in Management from Harvard University, an MSC in Advanced Computer Science (Distinction) and BSC in Computer Science from the University of Leicester. He also holds a Graduate Diploma in Strategic Management from Harvard University, Certified Information Systems Security Professional (CISSP) and is a Certified Information Security Manager (CISM). He previously worked for British Telecom (Global Services) with assignments in UK, Saudi Arabia, Peru and a joint venture with NTT Docomo in Japan. He subsequently worked at Stanbic Bank and NIC Bank (Kenya, Uganda and Tanzania). Jack has in depth experience in management, the telco industry, mobile financial services and emerging technology risks and security.

Name

ERIC GIKONYO KAROBIA
EXECUTIVE DIRECTOR, FINSERVE AFRICA


Eric holds a Bachelors of Arts degree in Economics and Mathematics from the University of Nairobi. He has over 10 years of experience in Banking and Mobile money covering systems and Operations, Project Management, customer management, Mobile Money product development, Operations and general agent administration. He previously worked for Bharti Airtel Group International Netherlands B.V, as the Senior Manager, IT Products and Systems for 8yrs in various capacities. His immediate former role was Head of Department- Product Development and Operations Financial Services Division (M-PESA) from 2012-2014 at Safaricom Ltd, Senior Manager- Product Development and Operations, Strategic projects for the Financial Services Division (M-PESA) at Safaricom Ltd a position he held for 8months before being promoted to HOD. Eric joined Equity Bank in 2014 as General Manager- Innovation, Product development and mobile payments a position that was held from July 2014 to Dec 2016. Currently he is the Group Director- Strategic Execution, PMO and ICT Governance.

Paul Gitahi

NEIL DWYER
CHIEF TECHNICAL OFFICER, FINSERVE AFRICA

Neil holds an MSc in Project Management from George Washington University. He has over 27 year’s in-depth international experience in the Telco and Financial Services sectors. With a broad array of roles spanning IT service management, Service Delivery, Project Management, Strategy, Operations, Customer Experience, IT outsourcing, Vendor Management and Consultancy. Neil previously worked for NatWest Bank, AT&T and EDS, in the UK; IBM and NCR covering the EMEA region; and had a global responsibility at Vodafone. Neil’s immediate previous role was the Head of Global Services and Operations for MPESA at Vodafone. From its infancy in 2008 to 2015. Neil joined Finserve in 2015.